Compressed-air and CO2 storage and Natural gas
Their prices have moved together.
Compressed-air and CO2 storage (energy) and Natural gas (energy): 1 relationship.
How they are linked
1. Price link: fuel
Cost and price · Moderate · Both ways
Conventional compressed-air plants burn natural gas when generating, so higher gas prices raise running costs. The European gas price is unrelated to the compressor proxy, with monthly moves at 0.06, since the proxy measures equipment.
- 0.06 monthly change correlation
- 0.31 12-month change correlation
- 0.14 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.